AAFA EDUCATION FOUNDATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
AAFA EDUCATION FOUNDATION (EIN 23-7005563)
Tax period
2013-06-01 to 2014-05-31
Filed
2015-04-12
IRS object ID
201511029349300306
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-04-12T20:47:35-05:00ReturnTs
Tax Period End2014-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521855942PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TATE AND TRYONBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1805 15TH STREET NW SUITE 900AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20005ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237005563EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AAFA EDUCATION FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlAAFABusinessNameControlTxt
Phone7037979032PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11601 NORTH KENT STREET NO 1200AddressLine1
CityARLINGTONCity
StateVAState
ZIP Code22209ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL T FRALIX PHDPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7037979032PhoneNum
Signature2015-04-06SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK LONGWOODPreparerPersonNm
PTINP00439715PTIN
Phone2022932200PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL T FRALIX PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11601 NORTH KENT STREET NO 1200AddressLine1
CityARLINGTONCity
StateVAState
ZIP Code22209ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$244,931GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1968FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO PROVIDE EDUCATIONAL GRANTS AND SCHOLARSHIPS TO COLLEGES AND UNIVERSITIES.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,500PYContributionsGrantsAmt
CY Contributions Grants$2,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$44,284PYInvestmentIncomeAmt
CY Investment Income$62,766CYInvestmentIncomeAmt
PY Other Revenue$297PYOtherRevenueAmt
CY Other Revenue$39CYOtherRevenueAmt
PY Total Revenue$52,081PYTotalRevenueAmt
CY Total Revenue$64,805CYTotalRevenueAmt
PY Grants And Similar Paid$50,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$51,902CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$37,516PYOtherExpensesAmt
CY Other Expenses$32,967CYOtherExpensesAmt
PY Total Expenses$87,516PYTotalExpensesAmt
CY Total Expenses$84,869CYTotalExpensesAmt
PY Revenues Less Expenses-$35,435PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$20,064CYRevenuesLessExpensesAmt
Total Assets BOY$814,320TotalAssetsBOYAmt
Total Assets EOY$838,176TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$814,320NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$838,176NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE EDUCATIONAL GRANTS AND SCHOLARSHIPS TO COLLEGES AND UNIVERSITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$52,243ExpenseAmt
Grant$51,902GrantAmt
DescSINCE 1968, THE AAFA EDUCATION FOUNDATION HAS PROVIDED ENDORSED SCHOOLS AND UNIVERSITIES WITH SCHOLARSHIPS TO AWARD THE SHARPEST, BRIGHTEST AND MOST CREATIVE STUDENTS IN THE ACADEMIC WORLD TO ACHIEVE NEW HEIGHTS IN THE FASHION INDUSTRY. ALSO, THE FOUNDATION PROVIDES TRAVEL STIPENDS TO SCHOOL AND UNIVERSITIES TO SUPPORT INVOLVEMENT WITH THE FOUNDATION.Desc
Total Program Service Expenses$52,243TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSUZANNE SHOMERSPersonNm
Phone7037979043PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11601 NORTH KENT STREET NO 1200AddressLine1
CityARLINGTONCity
StateVAState
ZIP Code22209ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MICHAEL T FRALIX PHD
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
AARON LEDET
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
MAUREEN STORCH
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
LAURA J BERNSTEIN
DIRECTOR1.00Yes (X)$0$0$0
MARSHAL COHEN
DIRECTOR1.00Yes (X)$0$0$0
MARIO FEDERICI
DIRECTOR1.00Yes (X)$0$0$0
BENTON GARDNER
DIRECTOR1.00Yes (X)$0$0$0
STEVE JESSEPH
DIRECTOR1.00Yes (X)$0$0$0
MARILYN MCNEIL-MORIN
DIRECTOR1.00Yes (X)$0$0$0
SUSAN S NICHOLS
DIRECTOR1.00Yes (X)$0$0$0
SAMUEL F SIMPSON
DIRECTOR1.00Yes (X)$0$0$0
KARLA P TEEL
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,000AllOtherContributionsAmt
Total Contributions$2,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,419TotalRevenueColumnAmt
Exclusion$16,419ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$226,473SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$180,126SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$46,347SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,347TotalRevenueColumnAmt
Exclusion$46,347ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$39TotalRevenueColumnAmt
Exclusion$39ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$39OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$64,805TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$62,805ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$51,902TotalAmt
Program Services$51,902ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$840TotalAmt
Management And General$840ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$3,295TotalAmt
Management And General$3,295ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$300TotalAmt
Management And General$300ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,335TotalAmt
Management And General$8,335ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
UNIVERSITY TRAVEL REIMB$17,587$17,587
GRANTMAKING EXPENSE$1,836$1,836
TROPHIES$341$341
BANK SERVICE CHARGES$328$328

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$105TotalAmt
Management And General$105ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$84,869TotalAmt
Program Services$52,243ProgramServicesAmt
Management And General$32,626ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,892BOYAmt
EOY$2,096EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,855BOYAmt
EOY$8,938EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$798,926BOYAmt
EOY$827,142EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$3,647BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$814,320BOYAmt
EOY$838,176EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$809,515BOYAmt
EOY$833,371EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,805BOYAmt
EOY$4,805EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$814,320BOYAmt
EOY$838,176EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$814,320BOYAmt
EOY$838,176EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$20,064ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$43,920NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Non FuncYes (X)SupportingOrgType3NonFuncInd
CertificationYes (X)CertificationInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Supported Org Information SupportedOrgInformationGrp (13 entries)

EINEINOrganization TypeOrganizationTypeDescGoverning Document ListedGoverningDocumentListedIndSupported Org NotifiedSupportedOrgNotifiedIndUS OrganizedUSOrganizedIndSupportSupportAmt
IOWA STATE UNIVERSITY
42700066460Yes (1)Yes (1)$1,163
FASHION INSTITUTE OF TECHNOLOGY FOUNDATION
13567575770Yes (1)Yes (1)$0
CALIFORNIA POLYTECHNIC UNIVERSITY FOUNDATION
20492789770Yes (1)Yes (1)$4,096
PHILADELPHIA UNIVERSITY
23135229460Yes (1)Yes (1)$658
AUBURN UNIVERSITY
63600072460Yes (1)Yes (1)$720
BUFFALO STATE COLLEGE
14136836160Yes (1)Yes (1)$408
FASHION INSTITUTE OF DESIGN & MERCHANDISING
95270059760Yes (1)Yes (1)$0
GEORGE BROWN COLLEGE
00000000060Yes (1)Yes (1)$0
NORTH CAROLINA STATE UNIVERSITY
56600075660Yes (1)Yes (1)$2,113
OKLAHOMA STATE UNIVERSITY
73601798760Yes (1)Yes (1)$1,500
UNIVERSITY OF MISSOURI
43600385960Yes (1)Yes (1)$0
UNIVERSITY OF NORTH CAROLINA - GREENSBORO
56600146860Yes (1)Yes (1)$0
UNIVERSITY OF WISCONSIN - STOUT
39600649260Yes (1)Yes (1)$0
FieldValueIRS element (for citing)
Supported Organizations Total13SupportedOrganizationsTotalCnt
Support Sum$10,658SupportSumAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1YMA FASHION SCHOLARSHIP FUNDBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line131 W 34TH STREET 9TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10001ZIPCode
FieldValueIRS element (for citing)
Recipient EIN208513748RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$50,000CashGrantAmt
Purpose Of GrantMONETARY SUPPORT FOR EDUCATIONAL SCHOLARSHIPSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11A DRAFT OF THE FORM 990 IS REVIEWED BY THE OFFICERS PRIOR TO FILING.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

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